BeNewz Report ISLAMABAD: Federal Minister for Petroleum and Natural Resources Ali Pervaiz Malik said on Thursday that the Petroleum Division is in the final stages of finalising agreements with local refineries, aimed at resolving long-standing structural weaknesses in Pakistan’s refining sector and unlocking investment in deep-conversion facilities. Speaking at the …
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Aftab Maken ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Tuesday chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet, held at the Finance Division. The ECC considered a summary submitted by the Ministry of National Food Security and Research seeking permission to call …
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Aftab Maken ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday formally launched a special Fixed Tax Scheme for small shopkeepers, assuring the trading community that they would not be harassed under the new mechanism. Addressing a joint press conference along with Minister of State for Finance Bilal …
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Aftab Maken ISLAMABAD: As Pakistan’s tug-of-war over its new auto policy drags on, the real question isn’t how much more protection assemblers should get — it’s how much longer an industry that has lived on subsidies for decades can keep asking consumers and the national exchequer to foot the bill. …
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–Pakistan’s Cabinet Committee on Energy has approved the high-level design of the National Integrated Energy Plan 2027–2060. —The framework aims to coordinate energy planning, investment and resources across sectors while improving affordability, reliability, energy security and environmental sustainability. Aftab Maken ISLAMABAD: Pakistan has approved the high-level design of its National …
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Aftab Maken ISLAMABAD: Pakistan has cleared the way for one of the largest industrial investment drives in its energy sector in decades, approving amendments to its refining policy that could unlock between $4.5 billion and $6 billion for the modernization of five domestic refineries. What Was Approved The Cabinet Committee …
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BeNewz ISLAMABAD: Pakistan’s energy storage sector stands at a turning point. Government projections show domestic lithium-ion battery demand climbing to 40-51GWh by 2031, putting the market’s potential value at $6.5bn-$9bn — a scale that would make batteries one of the country’s most consequential new industries if local manufacturing can be built …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved a revision in dealers’ margins on Motor Spirit (MS) and High-Speed Diesel (HSD), following a proposal submitted by the Petroleum Division. The meeting was chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb at …
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Court rejects FIA’s request for physical remand; Gulberg Greens tower declared a sub-jail as suspects face possible deportation BeNewz Report ISLAMABAD: A joint crackdown by the Federal Investigation Agency (FIA) and the National Cyber Crime Investigation Agency (NCCIA) has resulted in the arrest of nearly 400 foreign nationals from Sparco …
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Fuel prices fall for a second straight week even as food costs keep squeezing low-income households; annual inflation now stands at 9.11% Aftab Maken ISLAMABAD: Pakistan’s short-term cost of living inched higher again in the week ended August 13, 2026, driven overwhelmingly by a sharp spike in onion prices, according …
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